The Mosquito Abatement Commission is a newly organized federal agency with three primary programs: coordinating state...

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The Mosquito Abatement Commission is a newly organized federal agency with three primary programs: coordinating state government abatement functions, conducting research on mosquito abatement, and promoting abatement through public education. The following information is available at the end of the first quarter (December 31, 2024): Apportionments from OMB Government Coordination Research Public Education $ 2,488,000 995,000 $ 1,662,000 Total $ 8,250,000 7,350,000 50,000 1,197,000 29,000 244,000 595,000 219,000 175,000 591,000 194,000 4,112,000 118,000 1,058,000 960,000 58,000 128,000 13,000 199,000 1,410,000 831,000 60,000 2,301,000 195,000 195,000 Allotments-first quarter Salaries paid Accrued salaries payable Supplies ordered and received Supplies used Depreciation Equipment purchases $ 3,200,000 1,920,000 39,000 Program revenue: Charges for service Required: Prepare a Statement of Net Cost for the quarter ended December 31. Note: Deductions should be entered with a minus sign. MOSQUITO ABATEMENT COMMISSION Statement of Net Cost For the Quarter Ended December 31, 2024 Costs by Strategic Goal Coordinate State Government Abatement Programs Total Gross Cost Conduct Research on Mosquito Abatement Total Gross Cost Promote Abatement Through Public Education Total Gross Cost Net Cost Total Entity Total Gross Program Cost Net Cost (Income) from Operations The Mosquito Abatement Commission is a newly organized federal agency with three primary programs: coordinating state government abatement functions, conducting research on mosquito abatement, and promoting abatement through public education. The following information is available at the end of the first quarter (December 31, 2024): Apportionments from OMB Government Coordination Research Public Education $ 2,488,000 995,000 $ 1,662,000 Total $ 8,250,000 7,350,000 50,000 1,197,000 29,000 244,000 595,000 219,000 175,000 591,000 194,000 4,112,000 118,000 1,058,000 960,000 58,000 128,000 13,000 199,000 1,410,000 831,000 60,000 2,301,000 195,000 195,000 Allotments-first quarter Salaries paid Accrued salaries payable Supplies ordered and received Supplies used Depreciation Equipment purchases $ 3,200,000 1,920,000 39,000 Program revenue: Charges for service Required: Prepare a Statement of Net Cost for the quarter ended December 31. Note: Deductions should be entered with a minus sign. MOSQUITO ABATEMENT COMMISSION Statement of Net Cost For the Quarter Ended December 31, 2024 Costs by Strategic Goal Coordinate State Government Abatement Programs Total Gross Cost Conduct Research on Mosquito Abatement Total Gross Cost Promote Abatement Through Public Education Total Gross Cost Net Cost Total Entity Total Gross Program Cost Net Cost (Income) from Operations